Penumbra Theatre has cancelled two of the five plays in its current season, the St. Paul company announced Tuesday. The programming cuts come as the theater disclosed that it has a $500,000 shortfall on its $3.2 million budget. The fiscal gap is due to lower-than-expected sponsorship income for out-of-town productions, including a tour of Dominic Taylor's "I Wish You Love," which sold out its run at Washington, D.C.'s Kennedy Center.
The shortfall is also because of asset depreciation, theater officials said Tuesday.
"This is not the death-knell for the theater by any stretch," said board member Jeff Saunders, a partner at the law firm of Dorsey & Whitney. "This is about ensuring that we are able to continue to bring Penumbra's mission to a broader audience. We are finding new ways to serve our audiences beyond the mainstage in a very tough economy."
The plays that have been canceled are Kara Lee Corthron's "Julius By Design," which was slated to open Feb. 9 and which had been postponed from a previous season; and Pearl Cleage's "Bourbon at the Border" (March 29-April 22, 2012). Both are wrought dramas. "Julius" is about loss and forgiveness in the wake of a tragedy while "Bourbon" orbits the struggle for black voting rights.
Cutting the two dramas saves about $350,000, said managing director Chris Widdess. The rest of the shortfall will be made up "through other cuts."
She added that the shortfall is being made up by a line of credit that "we do not want to convert to long-term debt."
Ticket holders may donate to the theater or call the Penumbra box office at 651-224-3180 for refunds.
Penumbra has periodically altered its season in the name of fiscal prudence over the years. It has also been unusually transparent in that effort, sending out releases and holding interviews with the press.